Income Statement Berliner Effektengesellschaft AG

Stocks

BFV

DE0005221303

Diversified Investment Services

Delayed Deutsche Boerse AG 03:04:30 2026-09-24 EDT			5-day change	1st Jan Change
73.00 ^EUR	0.00%		0.00%	+3.55%

08-14	Berliner Effektengesellschaft AG Reports Earnings Results for the Half Year Ended June 30, 2026	CI
04-23	Berliner Effektengesellschaft AG Reports Earnings Results for the Full Year Ended December 31, 2025	CI

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Published financial data: BERLINER EFFEKTENGESELLSCHAFT AG

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021 (EUR)	2022 (EUR)	2023 (EUR)	2024 (EUR)	2025 (EUR)
Interest Income On Loans	-353K	-519K	6.06M	8.62M	5.9M
Interest Income On Investments	-	-	-	-	-
Interest Income, Total	-353K	-519K	6.06M	8.62M	5.9M
Interest On Deposits	2.4M	1.32M	1.57M	3.26M	4.75M
Interest Expense, Total	2.4M	1.32M	1.57M	3.26M	4.75M
Net Interest Income	-2.76M	-1.84M	4.49M	5.36M	1.15M
Income From Trading Activities	244M	141M	97.38M	125M	183M
Gain (Loss) on Sale of Invest. & Securities - (Rev)	762K	-	-560K	549K	215K
Income (Loss) on Equity Invest. (Income Block)	923K	1.35M	899K	2.84M	2.75M
Total Other Non Interest Income	10.63M	5.12M	5.67M	7.18M	8.41M
Non Interest Income, Total	256M	147M	103M	136M	195M
Revenues Before Provison For Loan Losses	253M	145M	108M	141M	196M
Provision For Loan Losses	266K	132K	113	4.49K	1.7K
Total Revenues	253M	145M	108M	141M	196M
Salaries And Other Employee Benefits	26.76M	30.8M	30.72M	33.46M	38.22M
Occupancy Expense	1.79M	3.19M	4.36M	7.48M	8.21M
Selling General & Admin Expenses, Total	48.53M	39.98M	38.13M	51.23M	78.53M
Total Other Non Interest Expense	19.3M	9.59M	3.13M	5.86M	367K
Non Interest Expense, Total	96.39M	83.56M	76.35M	98.02M	125M
EBT, Excl. Unusual Items	157M	61.73M	31.54M	43.01M	70.57M
Other Unusual Items	-	-	-	-	2.39M
EBT, Incl. Unusual Items	157M	61.73M	31.54M	43.01M	72.96M
Income Tax Expense	53.49M	23.55M	11.45M	14.58M	22.97M
Earnings From Continuing Operations	103M	38.18M	20.09M	28.43M	49.99M
Net Income to Company	103M	38.18M	20.09M	28.43M	49.99M
Minority Interest	-45.57M	-20.21M	-10.41M	-13.13M	-22.65M
Net Income - (IS)	57.52M	17.97M	9.68M	15.3M	27.34M
Preferred Dividend and Other Adjustments	-19.33M	-8.1M	-3.34M	-	-
Net Income to Common Incl Extra Items	76.85M	26.07M	13.01M	15.3M	27.34M
Net Income to Common Excl. Extra Items	76.85M	26.07M	13.01M	15.3M	27.34M
Per Share Items
Net EPS - Basic	5.73	1.96	0.99	1.17	2.11
Basic EPS - Continuing Operations	5.73	1.96	0.99	1.17	2.11
Basic Weighted Average Shares Outstanding	13.42M	13.3M	13.16M	13.04M	12.99M
Net EPS - Diluted	5.73	1.96	0.99	1.17	2.11
Diluted EPS - Continuing Operations	5.73	1.96	0.99	1.17	2.11
Diluted Weighted Average Shares Outstanding	13.42M	13.3M	13.16M	13.04M	12.99M
Normalized Basic EPS	3.9	1.38	0.71	1.06	1.65
Normalized Diluted EPS	3.9	1.38	0.71	1.06	1.65
Dividend Per Share	1	1	0.5	0.5	0.6
Payout Ratio	23.34	74.52	137.18	42.82	23.8
Supplemental Items
Effective Tax Rate - (Ratio)	34.16	38.15	36.31	33.9	31.49
Normalized Net Income	52.3M	18.37M	9.3M	13.75M	21.46M

Fiscal Period: December	2021 (EUR)	2022 (EUR)	2023 (EUR)	2024 (EUR)	2025 (EUR)
Assets
Cash And Equivalents	127K	171K	198K	113K	235K
Investment Securities, Total	21.67M	31.21M	31.56M	33.26M	34.38M
Trading Asset Securities, Total	13.62M	8.61M	14.78M	27.09M	21.45M
Total investments	35.29M	39.82M	46.34M	60.35M	55.83M
Gross Loans	2.78M	1.19M	1.51M	2.35M	3.08M
Net Loans	2.78M	1.19M	1.51M	2.35M	3.08M
Gross Property Plant And Equipment	6.7M	9.85M	12.69M	12.23M	11.94M
Accumulated Depreciation	-5.17M	-5.71M	-6.49M	-6.79M	-7.1M
Net Property Plant And Equipment	1.52M	4.14M	6.19M	5.43M	4.83M
Goodwill	7.07M	8.2M	8.17M	6.61M	4.01M
Other Intangibles, Total	1.1M	1.27M	794K	17.57M	13.32M
Accrued Interest Receivable	-	-	-	-	-
Other Receivables	309M	244M	187M	350M	376M
Restricted Cash	49.52M	82.99M	112M	802K	917K
Other Current Assets, Total	191K	146K	265K	-	284K
Deferred Tax Assets Long-Term (Collected)	149K	303K	452K	640K	1.01M
Other Long-Term Assets, Total	9.51M	10.05M	12.35M	279K	678K
Total Assets	416M	392M	375M	444M	460M
Liabilities
Accounts Payable, Total	3.31M	1.79M	2.66M	7.81M	5.39M
Accrued Expenses, Total	16.94M	28.44M	26.06M	36.01M	42.33M
Interest Bearing Deposits	-	-	-	-	-
Non-Interest Bearing Deposits	44.76M	59.04M	57.13M	75.91M	81.05M
Total Deposits	44.76M	59.04M	57.13M	75.91M	81.05M
Short-Term Borrowings	450K	231K	413K	911K	1M
Current Income Taxes Payable	20.55M	-	-	1.7M	6.37M
Other Current Liabilities - (Bank / Utility Template)	9.61M	11.08M	17.71M	42.93M	17.34M
Other Non Current Liabilities	84.95M	82.66M	83.38M	87.8M	88.54M
Total Liabilities	181M	183M	187M	253M	242M
Common Stock, Total	13.43M	13.33M	13.2M	13.06M	13M
Retained Earnings	102M	97.47M	83.71M	83.98M	101M
Treasury Stock	-9.47K	-25.9K	-34.13K	-22.11K	-11.58K
Comprehensive Income and Other	33.7M	33.82M	33.96M	34.18M	34.32M
Total Common Equity	149M	145M	131M	131M	149M
Minority Interest	86.28M	64.34M	56.71M	59.67M	69.63M
Total Equity	235M	209M	188M	191M	218M
Total Liabilities And Equity	416M	392M	375M	444M	460M
Supplemental Items
ECS Total Shares Outstanding on Filing Date	13.42M	13.3M	13.16M	13.04M	12.99M
ECS Total Common Shares Outstanding	13.42M	13.3M	13.16M	13.04M	12.99M
Book Value / Share	11.11	10.87	9.94	10.06	11.45
Tangible Book Value	141M	135M	122M	107M	131M
Tangible Book Value Per Share	10.5	10.16	9.26	8.21	10.11
Total Debt	450K	231K	413K	911K	1M
Net Debt	-13.3M	-8.55M	-14.56M	-26.29M	-20.68M
Equity Method Investments, Total	19.64M	30.65M	31.56M	33.26M	34.38M
Full Time Employees	125	134	140	142	144
Part Time Employees	27	24	24	21	33

Fiscal Period: December	2021 (EUR)	2022 (EUR)	2023 (EUR)	2024 (EUR)	2025 (EUR)
Net Income	57.52M	17.97M	9.68M	15.3M	27.34M
Depreciation, Depletion & Amortization	266K	5.03M	743K	-1.04M	-855K
Amortization of Goodwill and Intangible Assets - (CF)	1.18M	2.16M	2.81M	2.84M	2.96M
Total Depreciation, Depletion & Amortization	1.44M	7.18M	3.55M	1.8M	2.11M
Amortization of Deferred Charges, Total	111K	279K	387K	3.54M	4.26M
(Gain) Loss On Sale of Asset - (CF)	2K	1K	10K	-18K	1K
(Gain) Loss on Sale of Investments - (CF)	749K	295K	1.07M	512K	857K
Provision for Credit Losses	379K	293K	-	-	1.7K
Change in Trading Asset Securities	349M	228M	158M	-12.21M	5.23M
Change in Other Net Operating Assets (Collected)	-43.46M	-118M	9.6M	6.41M	-47.36M
Other Operating Activities	-245M	-149M	-123M	52.27M	53.49M
Cash from Operations	121M	-12.85M	59.42M	67.61M	45.93M
Capital Expenditure	-1.16M	-3.19M	-2.88M	-65K	-480K
Sale of Property, Plant, and Equipment	-	-	-	-	-
Cash Acquisitions	-6.58M	-5.99M	-3.75M	-74K	-127K
Purchase / Sale of Intangible Assets	-15.25M	-4.4M	-5.41M	-9.64M	-695K
Investment in Marketable and Equity Securities, Total	-43K	-250K	-	-	-
Cash from Investing	-23.02M	-13.82M	-12.04M	-9.78M	-1.3M
Issuance of Common Stock	50.89M	14.94M	15.13M	12.87M	4.4M
Repurchase of Common Stock	-14.88M	-15.5M	-19.54M	-17.32M	-7.58M
Common Dividends Paid	-13.42M	-13.39M	-13.28M	-6.55M	-6.51M
Common & Preferred Stock Dividends Paid	-13.42M	-13.39M	-13.28M	-6.55M	-6.51M
Net Increase (Decrease) in Deposit Accounts - (CF)	-12.5M	14.28M	-1.91M	18.78M	5.14M
Other Financing Activities, Total	-53.35M	-46.65M	-20.99M	-13.55M	-12.68M
Cash from Financing	-43.26M	-46.33M	-40.59M	-5.77M	-17.23M
Net Change in Cash	55.17M	-72.99M	6.8M	52.06M	27.39M
Supplemental Items
Cash Interest Paid	2.41M	1.21M	1.19M	2.91M	4.85M
Cash Income Tax Paid (Refund)	73.73M	96.33M	-16.51M	5.42M	36.43M

Fiscal Period: December	2021 (EUR)	2022 (EUR)	2023 (EUR)	2024 (EUR)	2025 (EUR)
Profitability
Return on Assets	27.65	9.45	5.24	6.94	11.06
Return On Equity %	51.12	17.19	10.13	15.03	24.44
Return on Common Equity	60.12	17.76	9.45	11.68	19.54
Shareholders Value Added	43.36M	2.51M	-4.04M	2.42M	13.51M
Margin Analysis
SG&A Margin	30.47	50.91	67.86	65.35	63.79
Net Interest Income / Total Revenues %	-1.09	-1.26	4.16	3.8	0.59
EBT Excl. Non-Recurring Items Margin %	61.9	42.48	29.23	30.5	36.02
Income From Continuing Operations Margin %	40.75	26.28	18.62	20.16	25.52
Net Income Margin %	22.74	12.37	8.97	10.85	13.96
Net Avail. For Common Margin %	30.38	17.95	12.06	10.85	13.96
Normalized Net Income Margin	20.67	12.65	8.62	9.75	10.95
Capital And Funding
Total Average Common Equity / Total Average Assets %	34.28	36.34	35.91	32	30.95
Total Average Equity / Total Average Assets %	54.09	54.98	51.69	46.21	45.25
Total Equity + Allowance for Loan Losses / Total Loans %	5.36K	12.18K	8.68K	5.59K	4.83K
Gross Loans / Total Deposits %	6.21	2.01	2.64	3.09	3.8
Net Loans / Total Deposits %	6.21	2.01	2.64	3.09	3.8
Tier 1 Capital Ratio %	27.02	34.13	30.02	24.34	43.4
Total Capital Ratio %	27.88	35.01	31.12	25.23	44.53
Core Tier 1 Capital Ratio	26.36	33.48	29.19	23.68	42.55
Tier 2 Capital Ratio	0.86	0.87	1.1	0.88	1.13
Interbank Ratio	2.93K	1.64K	1.83K	1.48K	6.89K
Fixed Charges Coverage
EBT + Interest Expense / Interest Expense	66.13	47.86	21.1	14.19	16.36
Growth Over Prior Year
Net Interest Income, 1 Yr. Growth %	33.1	-33.43	-344.66	19.44	-78.56
Non Interest Income, 1 Yr. Growth %	-5.11	-42.48	-29.79	31.22	44.33
Provision For Loan Losses, 1 Yr. Growth %	-655.03	-50.34	-99.91	4.39K	-62.13
Total Revenues, 1 Yr. Growth %	-5.52	-42.57	-25.74	30.72	39.63
Earnings From Cont. Operations, 1 Yr. Growth %	-1.43	-62.97	-47.39	41.53	75.84
Net Income, 1 Yr. Growth %	-1.38	-68.76	-46.16	58.13	78.68
Normalized Net Income, 1 Yr. Growth %	-2.49	-64.87	-49.37	47.85	61.4
Diluted EPS Before Extra, 1 Yr. Growth %	-3.37	-65.78	-49.57	59.68	79.36
Dividend Per Share, 1 Yr. Growth %	0	0	-50	0	20
Gross Loans, 1 Yr. Growth %	-2.82	-57.31	26.96	55.74	31.16
Net Loans, 1 Yr. Growth %	-2.82	-57.31	26.96	55.74	31.16
Total Assets, 1 Yr. Growth %	26.13	-5.71	-4.41	18.42	3.68
Total Deposits, 1 Yr Growth %	-21.84	31.92	-3.24	32.87	6.77
Tangible Book Value, 1 Yr. Growth %	35.81	-4.12	-9.81	-12.18	22.69
Common Equity, 1 Yr. Growth %	39.89	-3.01	-9.51	0.28	13.29
Total Equity, 1 Yr. Growth %	40.12	-11.23	-10.23	1.78	14.35
Compound Annual Growth Rate Over Two Years
Net Interest Income, 2 Yr. CAGR %	100.28	-5.87	27.62	70.94	-49.4
Non Interest Income, 2 Yr. CAGR %	89.05	-26.12	-36.45	-4.01	37.24
Provision For Loan Losses, 2 Yr. CAGR %	34.25	66.04	-97.94	-81.57	312.8
Total Revenues, 2 Yr. CAGR %	89.04	-26.34	-34.7	-1.48	34.75
Earnings From Cont. Operations, 2 Yr. CAGR %	145.93	-39.58	-55.86	-13.71	57.76
Net Income, 2 Yr. CAGR %	151.87	-44.49	-58.98	-7.73	68.09
Normalized Net Income, 2 Yr. CAGR %	159.4	-41.47	-57.82	-13.48	51.88
Diluted EPS Before Extra, 2 Yr. CAGR %	153.29	-42.5	-58.46	-22.61	69.24
Dividend Per Share, 2 Yr. CAGR %	29.1	0	-29.29	-29.29	9.54
Gross Loans, 2 Yr. CAGR %	-27.8	-35.6	-26.37	40.62	42.92
Net Loans, 2 Yr. CAGR %	-27.8	-35.6	-26.37	40.62	42.92
Total Assets, 2 Yr. CAGR %	46	9.05	-5.06	6.4	10.81
Total Deposits, 2 Yr CAGR %	-19.81	1.54	12.98	13.39	19.11
Tangible Book Value, 2 Yr. CAGR %	60.59	14.11	-7	-11	3.8
Common Equity, 2 Yr. CAGR %	61.43	16.48	-6.32	-4.74	6.59
Total Equity, 2 Yr. CAGR %	72.43	11.53	-10.74	-4.42	7.88
Compound Annual Growth Rate Over Three Years
Net Interest Income, 3 Yr. CAGR %	61.79	38.74	29.42	24.83	-14.44
Non Interest Income, 3 Yr. CAGR %	53.43	27.16	-27.36	-19.07	9.77
Provision For Loan Losses, 3 Yr. CAGR %	62.64	-3.62	-86.69	-74.35	-76.55
Total Revenues, 3 Yr. CAGR %	53.25	27.08	-26.14	-17.7	10.48
Earnings From Cont. Operations, 3 Yr. CAGR %	80.14	30.84	-42.3	-34.91	9.4
Net Income, 3 Yr. CAGR %	79.23	25.62	-45.05	-35.69	15.01
Normalized Net Income, 3 Yr. CAGR %	79.96	33.22	-44.23	-35.93	5.31
Diluted EPS Before Extra, 3 Yr. CAGR %	79.58	29.97	-44.96	-41.04	2.41
Dividend Per Share, 3 Yr. CAGR %	18.56	18.56	-20.63	-20.63	-15.66
Gross Loans, 3 Yr. CAGR %	-17.96	-39.41	-19.24	-5.49	37.39
Net Loans, 3 Yr. CAGR %	-17.96	-39.41	-19.24	-5.49	37.39
Total Assets, 3 Yr. CAGR %	31.8	26.2	4.37	2.2	5.48
Total Deposits, 3 Yr CAGR %	-8.56	-5.33	-0.08	19.26	11.14
Tangible Book Value, 3 Yr. CAGR %	35.37	35.23	5.51	-8.76	-0.95
Common Equity, 3 Yr. CAGR %	36.57	36.22	7.08	-4.17	0.93
Total Equity, 3 Yr. CAGR %	43.43	38.2	3.74	-6.75	1.47
Compound Annual Growth Rate Over Five Years
Net Interest Income, 5 Yr. CAGR %	55.44	27.18	47.14	50.82	-11.11
Non Interest Income, 5 Yr. CAGR %	34.59	17.84	7.84	13.63	-6.31
Provision For Loan Losses, 5 Yr. CAGR %	7.89	20.68	-71.66	-50.27	-48.69
Total Revenues, 5 Yr. CAGR %	34.5	17.71	8.95	14.78	-6.06
Earnings From Cont. Operations, 5 Yr. CAGR %	45.84	19.61	2.64	10.77	-13.73
Net Income, 5 Yr. CAGR %	40.09	15.64	-0.64	11.03	-14.06
Normalized Net Income, 5 Yr. CAGR %	42.52	17.1	0.73	12.1	-16.74
Diluted EPS Before Extra, 5 Yr. CAGR %	34.18	-2	-0.01	5.62	-18.7
Dividend Per Share, 5 Yr. CAGR %	14.87	10.76	-3.58	-3.58	-9.71
Gross Loans, 5 Yr. CAGR %	-1.84	-23.23	-21.44	-15.14	1.48
Net Loans, 5 Yr. CAGR %	-1.84	-23.23	-21.44	-15.14	1.48
Total Assets, 5 Yr. CAGR %	20.93	17.35	15.59	17.87	6.9
Total Deposits, 5 Yr CAGR %	-4.43	1.03	-0.48	1.75	7.2
Tangible Book Value, 5 Yr. CAGR %	20.91	19.03	16.49	14.39	4.82
Common Equity, 5 Yr. CAGR %	21.5	20.01	17.46	18.06	6.88
Total Equity, 5 Yr. CAGR %	25.62	21.61	18.65	19.25	5.38